From Yahoo Finance: 2025-04-11 09:56:00

Gold opened trading Friday at $3,194.20, a record high, up over $100 from Thursday. President Trump raised tariffs on Chinese goods to 145%, sparking gold’s rise. S&P 500 opened 2% lower, warning of potential return of reciprocal tariffs. Jobless claims slightly lower, indicating the job market remains stable amid economic uncertainty.

Gold surged to $3,194.20 per ounce, up 1.2% from the previous close. Gold has gained over 10% in one month and 46% in the last year. Investors turn to gold as a safe-haven asset amid economic volatility and policy changes.

Costco offers gold bars, silver coins, and platinum bars for investors. Gold and silver prices are up over 30% in 2024, while platinum remains flat. Learn how to invest in precious metals and manage your new investment with key considerations.

Gold’s historical value and market trends show steady growth and cyclical patterns. Analysts are bullish on gold, predicting an 8% gain in 2025 after a 40% surge in 2024. Goldman Sachs attributes gold’s rise to concerns about tariffs and economic impact. Yahoo Finance tracks gold’s historical price since 2000.

Read more: Gold’s highest opening price in history